The PE over 2012 earnings is about 15, but mgmt. just projected 5 years out earnings that would amount to a 25% CAGR to 2017. This stock is just dirt cheap. It should be north of 100 already (current PEG is about 0.45 - absurd!).
Sentiment: Strong Buy
This one got way too oversold. Time to return to normal prices soon after these great numbers. The world *isn't* coming to an end for MTL.
And for good reason, the PE on OVTI is even lower than Apple! But I bet OVTI will have torrid growth this year, the shadow following Apple's metoric rise. This stock is just too cheap to ignore.
When the Motley Fools start pumping like fools, you know it's time to exit, and fast (hey, whatever happened to valuation? Those Fools talk out of both sides of their mouths).
Google shows the FIO PE as 141, but Yahoo shows it as 211. Which one is the 'real deal'? And what is the PEG ratio for FIO, anyways? (Yahoo doesn't have complete info for FIO, I guess because it's still relatively new).
And I don't think the rough bull ride is over just yet. Analysts and FIO management can put out all kinds of smoke to the public, but the shorts are seeing right through it.
Last Monday, the Federal Reserve announced that November consumer credit surged 9.9%, the fastest monthly increase in 10 years – since the post-9/11 recovery month of November 2001. Credit card debt rose 8.5%, the biggest monthly rise since 2008, while non-revolving debt (like auto loans) rose 10.7%
$1.3 Trillion annual market for DB/web servers (3+ million servers/yr.). Market opportunity for FIO is around 100X its FY2011 sales. Tons of room for FIO to grow. FIO is to server hardware what VMWare is to server software (and VMW is now a $40B mkt. cap co., with only 30% penetration so far - FIO is just a baby compared to VMW).